Being John Lund

While listening to John Lund yesterday I was appalled at the statement he made: "This is a political crisis," he said, "not an economic crisis." This from a journalist of the Wall Street Journal? How could anyone in such a time make such a statement considering the gravity of this very real financial situation?

As a journalist, Mr. Lund appears to be misinformed about what is actually occurring in the country that he writes about. (Among conspiracy theorists it may be believed that this conservative journalist may have inside information that the general public does not have which include a conspiracy of big business and government with the people as willing misinformed participants. Farfetched? Probably.) We are all concerned about this very real economic crisis with financial institutions toppling one after another like a deck of cards. Can you say Bear Sterns, Indy Mac, Fannie Mae, Freddie Mac, Lehman Brothers, Merrill Lynch, Washington Mutual, AIG?

We are all concerned about the HUNDREDS OF BILLIONS OF DOLLARS that will be used to bailout financial institutions, yet Mr. Lund tells us that this crisis is political and not financial. We are all concerned about what appears by many to be a socialist move of government to take over free markets, yet Mr. Lund tells us that this crisis is political and not financial. We are all concerned about our decreasing 401ks, yet Mr. Lund tells us that this crisis is political and not financial.

Can somebody please tell me what this journalist is smoking and pass the pipe? No, not really.